Verticl - Participate in Bulk Home Buying

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Verticl.in - How it works!! - Video

on May 10, 2020

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What is group buying and why is it beneficial?

Concept of Group Buying – Here is how it works. Buyers who are looking to buy in a particular comminuty can come together through our portal. We already have good discounts negotiated for bulk deals, in some cases if the target number of units increases, there is further possibility of negotiation. The builder, sensing a good opportunity to sell anumber always givers the best deal. Win-Win Situation for Everyone For Buyers The factor of bulk playes into action. The portal allows buyers to club together. With tech play, buyers from any where can be part of the group. It doesn't restrict to people you know. In this way making of a bigger group is possible. For Developers Developers gain by selling fast. In todays scenario, the cost of capital for real estate projects is really high. The time is money here. The faster selling reduces the dependency on costly capital. It also helps in faster completion of project. A builder is able to monetize faster. This reduces the possibility of p...

Group buying - to get the best rates

The process of negotiating in buying home is usually long. It takes multiple meetings with the sales agent sometimes with the their heads. Even after that one need to verify whether they are getting good prices. One may also talk with agents to know if there are better prices. And one thing everyone definitely does is to go through various portals, scan through them, evaluate each and every offer. With my experience in real estate, I have seen that the people who have bought, they themselves are not confident about the price he has bought his house at. People avoid discussion of rates so that they don't feel bad. Many a times one finds out that his neighbour got a better rate even though he may have bought after him. Clearly the rates lack transparency. The buyer lack satisfaction a significant number of times. We have done a survey to find out that 80% of home owners think they didn't get the best rates. In order to cater to this we decided to make a produ...

Milestone 1: Partnership with Tata Housing

Tata Promont in Banshankari We, at Verticl , take immense pleasure in partnering with Tata Housing, part of the iconic Tata Group, and one of the most reputed real estate developer with a pan-India presence. We have listed the bulk prices for Tata Promont, a beautiful landmark in Banshankari Stage 3. Comprising of 3 and 4 BHK apartments starting from 1820 sq ft carpet area, Tata Promont is a state-of-the art luxurious project at a highly coveted location in Bangalore. This partnership underscores the promise and potential of group buying in Indian real estate, and we look forward with enthusiasm to having more projects from Tata Housing on to our portal, and forging a mutually beneficial long term partnership.

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Verticl.in - How it works!! - Video

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